E2open Parent Holdings, Inc. (NYSE:ETWO) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its stake in E2open Parent Holdings, Inc. (NYSE:ETWO - Free Report) by 6.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,914,203 shares of the company's stock after buying an additional 505,463 shares during the period. Dimensional Fund Advisors LP owned 2.31% of E2open Parent worth $21,050,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. KLP Kapitalforvaltning AS purchased a new position in shares of E2open Parent during the fourth quarter worth approximately $86,000. Mariner LLC increased its holdings in E2open Parent by 276.3% during the 4th quarter. Mariner LLC now owns 45,414 shares of the company's stock worth $121,000 after purchasing an additional 33,345 shares during the period. Intech Investment Management LLC raised its position in E2open Parent by 64.9% during the 4th quarter. Intech Investment Management LLC now owns 83,545 shares of the company's stock valued at $222,000 after purchasing an additional 32,891 shares in the last quarter. SG Americas Securities LLC lifted its holdings in shares of E2open Parent by 18.8% in the 4th quarter. SG Americas Securities LLC now owns 85,205 shares of the company's stock worth $227,000 after buying an additional 13,489 shares during the period. Finally, Renaissance Technologies LLC grew its position in shares of E2open Parent by 37.2% during the 4th quarter. Renaissance Technologies LLC now owns 102,600 shares of the company's stock worth $273,000 after buying an additional 27,800 shares in the last quarter.

E2open Parent Stock Up 2.7 %

Shares of NYSE:ETWO traded up $0.07 during trading on Friday, reaching $2.64. The stock had a trading volume of 1,474,187 shares, compared to its average volume of 1,745,164. The firm's 50-day simple moving average is $2.14 and its 200 day simple moving average is $2.59. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.91. E2open Parent Holdings, Inc. has a one year low of $1.75 and a one year high of $5.08. The company has a market capitalization of $908.13 million, a P/E ratio of -1.77, a PEG ratio of 1.05 and a beta of 1.04.

E2open Parent (NYSE:ETWO - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.01. The business had revenue of $153.50 million for the quarter, compared to analyst estimates of $153.01 million. E2open Parent had a negative net margin of 74.63% and a positive return on equity of 4.38%. As a group, research analysts expect that E2open Parent Holdings, Inc. will post 0.19 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on ETWO shares. Morgan Stanley lowered their price objective on shares of E2open Parent from $3.00 to $2.30 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. The Goldman Sachs Group dropped their price objective on shares of E2open Parent from $2.60 to $2.30 and set a "sell" rating on the stock in a research note on Friday, March 28th. Finally, UBS Group lowered their target price on E2open Parent from $3.00 to $2.50 and set a "neutral" rating for the company in a report on Wednesday, April 30th.

About E2open Parent

E2open Parent Holdings, Inc provides cloud-based and end-to-end supply chain management and orchestration SaaS platform in the Americas, Europe, and the Asia Pacific. Its SaaS platform includes various key strategic and operational areas, including omni-channel, demand sensing, supply planning, global trade management, transportation and logistics and manufacturing and supply management.